Wolf Theiss has informed CEE Legal Matters that this past spring it worked alongside Jones Day and Kirkland & Ellis in advising Blackstone Tactical Opportunities on its EUR 175 million acquisition of a minority stake in Romania's Superbet Group. Romania's Bulboaca & Asociatii worked alongside global counsel Herzog, Fox & Neeman in advising the sellers.
This April, the new EU foreign investment screening regulation entered into force, with terms scheduled to become applicable on October 11, 2020. The regulation was conceived and designed to provide member states with a valuable tool to employ in defending their strategic interests. We spoke to several experts in the region to learn more.
Wolf Theiss has advised Raiffeisen Bank International AG on the issue and listing of a EUR 750 million Green Bond. White & Case advised a syndicate consisting of Barclays Bank Ireland PLC, Credit Agricole Corporate and Investment Bank, Raiffeisen Bank International AG, Societe Generale, and UniCredit Bank AG on the issuance.
BDK Advokati and Clifford Chance advised the EBRD, IFC, and the Development Bank of Austria on financing for a waste management public-private partnership project in the Vinca district of Belgrade. The City of Belgrade was advised by Hogan Lovells and Karanovic & Partners, with Karanovic & Partners also advising the IFC on the matter.
Wolf Theiss has advised Raiffeisen Bank International AG as issuer of EUR 500 million Tier 2 Notes and on a tender offer for the repurchase of EUR 500 million Subordinated Callable Fixed Rate Reset Notes due February 2025. Freshfields Bruckhaus Deringer Germany advised RBI in connection with the tender offer and White & Case Frankfurt, acted as the legal advisor to joint lead managers RBI, BNP Paribas, Citi Bank, UBS, and Bank of America Merrill Lynch.